Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Advertising and Sponsorship
    • Profile & Readership
    • Contact Us
    • Latest News
    • Privacy & Cookies Policies
    • Terms of Use
    • Advertising Terms
    • Issue 81
    • Issue 80
    • Issue 79
    • Issue 78
    • Issue 77
    • Issue 76
    • Issue 75
    • Issue 74
    • Issue 73
    • Issue 72
    • Issue 71
    • Issue 70
    • View All
    • About the Awards
    • Awards Timetable
    • Awards Winners
    • Submit Nominations
    • Testimonials
    • Media Room
    • FAQ
    • Asset Management Awards
    • Brand of the Year Awards
    • Business Awards
    • Cash Management Banking Awards
    • Banking Technology Awards
    • CEO Awards
    • Customer Service Awards
    • CSR Awards
    • Deal of the Year Awards
    • Corporate Governance Awards
    • Corporate Banking Awards
    • Digital Transformation Awards
    • Fintech Awards
    • Education & Training Awards
    • ESG & Sustainability Awards
    • ESG Awards
    • Forex Banking Awards
    • Innovation Awards
    • Insurance & Takaful Awards
    • Investment Banking Awards
    • Investor Relations Awards
    • Leadership Awards
    • Islamic Banking Awards
    • Real Estate Awards
    • Project Finance Awards
    • Process & Product Awards
    • Telecommunication Awards
    • HR & Recruitment Awards
    • Trade Finance Awards
    • The Next 100 Global Awards
    • Wealth Management Awards
    • Travel Awards
    • Years of Excellence Awards
    • Publishing Principles
    • Ownership & Funding
    • Corrections Policy
    • Editorial Code of Ethics
    • Diversity & Inclusion Policy
    • Fact Checking Policy
    Original content: Global Banking and Finance Review - https://www.globalbankingandfinance.com

    A global financial intelligence and recognition platform delivering authoritative insights, data-driven analysis, and institutional benchmarking across Banking, Capital Markets, Investment, Technology, and Financial Infrastructure.

    Copyright © 2010-2026 - All Rights Reserved. | Sitemap | Tags

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    1. Home
    2. >Headlines
    3. >Erdogan says Russia's proposal for Istanbul talks heightens hope for peace
    Headlines

    Erdogan Says Russia's Proposal for Istanbul Talks Heightens Hope for Peace

    Published by Global Banking & Finance Review®

    Posted on May 29, 2025

    2 min read

    Last updated: January 23, 2026

    Add as preferred source on Google
    Erdogan says Russia's proposal for Istanbul talks heightens hope for peace - Headlines news and analysis from Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:Presidentinternational financial institutionforeign currencyfinancial stabilityfinancial community

    Quick Summary

    Erdogan supports Russia's proposal for Istanbul peace talks, boosting hopes for resolution in Ukraine conflict. Turkey plays a key diplomatic role.

    Erdogan Welcomes Russia's Proposal for Peace Talks in Istanbul

    ANKARA (Reuters) -Turkish President Tayyip Erdogan said Russia's proposal to hold another round of peace talks with Ukraine in Istanbul on June 2 had heightened Ankara's hopes for peace.

    NATO member Turkey has maintained good relations with both sides since the start of the war. It hosted an initial round of peace talks in March 2022 - a month after Russia's full-scale invasion of its neighbour - and again on May 16, the first direct meeting between Moscow and Kyiv in three years.

    Foreign Minister Hakan Fidan held talks in Moscow on Monday and Tuesday, including with Russian President Vladimir Putin. He will also meet Ukrainian President Volodymyr Zelenskiy and other Ukrainian officials in Kyiv on Friday.

    Speaking to reporters on a flight from Azerbaijan, Erdogan said Ankara was in contact with both countries, and added that the recent momentum in peace efforts was an opportunity to reach lasting peace.

    "The road to a resolution goes through more dialogue, more diplomacy. We are using all our diplomatic power and potential for peace," he was cited as saying by his office on Thursday.

    Russia is under increasing pressure to agree a ceasefire, and while delegates from Moscow and Kyiv did not agree on one in Istanbul this month, they agreed to trade 1,000 prisoners of war and share their views on the contours of a truce.

    Fidan, speaking to Turkish media representatives on a train ride from Poland to Kyiv, said that while the sides' demands for a ceasefire were different, they needed to converge their views to reach an agreement, adding other actors needed to help too.

    "The Russians have goals regarding the war, of course. These are goals they set themselves. They have targets regarding land, regarding the annexation of certain areas. How acceptable these are for the international community, in terms of international law, that is all debatable," he said.

    "I don't really evaluate that this will be tied to a legal process too much," he added, saying he could call U.S. Secretary of State Marco Rubio following his talks in Kyiv.

    (Reporting by Tuvan Gumrukcu and Huseyin Hayatsever. Editing by Mark Potter)

    Key Takeaways

    • •Erdogan supports Russia's proposal for peace talks in Istanbul.
    • •Turkey maintains good relations with both Russia and Ukraine.
    • •The talks aim to reach a ceasefire and exchange prisoners.
    • •Foreign Minister Fidan engages in diplomatic discussions.
    • •International community's role in peace efforts is crucial.

    Frequently Asked Questions about Erdogan says Russia's proposal for Istanbul talks heightens hope for peace

    1What did Erdogan say about the peace talks in Istanbul?

    Erdogan stated that Russia's proposal for peace talks in Istanbul heightened Ankara's hopes for peace.

    2What is Turkey's position in the conflict between Russia and Ukraine?

    Turkey has maintained good relations with both Russia and Ukraine since the start of the war and previously hosted peace talks.

    3What recent diplomatic actions did Turkey take?

    Foreign Minister Hakan Fidan held talks in Moscow and is set to meet with Ukrainian President Zelenskiy.

    4What was agreed upon during the recent talks in Istanbul?

    While no ceasefire was agreed upon, delegates from Moscow and Kyiv did agree to trade 1,000 prisoners of war.

    5What does Erdogan believe is necessary for a resolution?

    Erdogan emphasized that more dialogue and diplomacy are essential for reaching a lasting peace.

    More from Headlines

    Explore more articles in the Headlines category

    Image for Italy's tourism minister resigns, ending standoff with PM Meloni
    Italy's Tourism Minister Resigns, Ending Standoff With PM Meloni
    Image for In Lebanon, paramedics mourn their own killed in Israeli strike
    In Lebanon, Paramedics Mourn Their Own Killed in Israeli Strike
    Image for Italy tourism minister resigns, obeying PM Meloni
    Italy Tourism Minister Resigns, Obeying PM Meloni
    Image for Swiss prosecutors not involved with Paris probe at bank Edmond de Rothschild
    Swiss Prosecutors Not Involved With Paris Probe at Bank Edmond De Rothschild
    Image for Lost remains of French musketeer d'Artagnan may have been found in Dutch church
    Lost Remains of French Musketeer d'Artagnan May Have Been Found in Dutch Church
    Image for Doctors in England plan six-day strike after government pay offer rejected
    Doctors in England Plan Six-Day Strike After Government Pay Offer Rejected
    Image for Soccer-Man sentenced for racist abuse of England defender Carter
    Soccer-Man Sentenced for Racist Abuse of England Defender Carter
    Image for Netanyahu seeks to avoid snap vote as Iran war gives no boost in polls
    Netanyahu Seeks to Avoid Snap Vote as Iran War Gives No Boost in Polls
    Image for Cyprus has opened discussion with UK over its bases, president says
    Cyprus Has Opened Discussion With UK Over Its Bases, President Says
    Image for Once inspired by Orban, Hungary's Peter Magyar now leads the charge to unseat him
    Once Inspired by Orban, Hungary's Peter Magyar Now Leads the Charge to Unseat Him
    Image for German foreign minister hopes Iran peace talks given chance to work
    German Foreign Minister Hopes Iran Peace Talks Given Chance to Work
    Image for Factbox-What's at stake in Hungary's parliamentary election?
    Factbox-What's at Stake in Hungary's Parliamentary Election?
    View All Headlines Posts
    Previous Headlines PostPortugal's President Invites Caretaker PM to Lead New Government
    Next Headlines PostItaly Offers to Treat Boy Who Survived Israeli Strike That Killed His Nine Siblings